Simplified process for employees to set up an IRA without the need to utilize tedious paper forms or an over-complicated online questionnaire.
Employees make all the contributions. There are no employer contributions.
Many employees find smaller, regular contributions a more manageable way to save.
No recurring administrative costs.
No filings with the government to establish the program or any annual reports.
No minimum number of employees required.
Icon is not considered an employer retirement plan subject to Federal reporting and fiduciary responsibility requirements if the employer keeps its involvement to a minimum.
May help attract and retain quality employees by offering Icon as a simple, portable retirement solution.
